Search results for: WindFloat Atlantic

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  • Ocean Winds Enters Floating Wind Partnership in Greece

    2 March 2021
    Business & Finance

    Ocean Winds (OW), a joint venture between EDP Renewables and ENGIE, has signed a collaboration agreement with the Greek renewable energy company Terna Energy to co-develop floating offshore wind projects in Greece. The companies said they were joining forces to identify the most suitable areas and consequently develop a pipeline of projects in excess of […]

  • BNEF: 237MW of Floating Offshore Wind by 2020

    20 March 2017
    Floating Wind

    The world could see as much as 237MW of floating offshore wind capacity installed by 2020, according to Bloomberg New Energy Finance (BNEF).

  • DNV GL: Floating Wind in Need of Comprehensive Industry Standards

    1 December 2020
    R&D

    Floating wind will account for 2 per cent of the world’s power supply by 2050 and its cost will drop some 70 per cent by that time. Still, a more comprehensive industry standards and risk management are required for the technology to scale, according to a new report from DNV GL. The report discusses how […]

  • EIB Bankrolls Three Floating Wind Farms Offshore France

    28 June 2022
    Business & Finance, Wind Farm Update

    The European Investment Bank (EIB) has concluded three financing agreements, with the support of the European Commission, for installing and commissioning three floating offshore wind farms off the French Mediterranean coast. These facilities in the Mediterranean are the first floating offshore wind farms to be deployed in France, each using different innovative technologies, EIB said. […]

  • European Offshore Wind Draws Record Investment in 2020

    8 February 2021
    Business & Finance

    Europe confirmed a record amount of EUR 26.3 billion of investments in 2020 that will finance 7.1 GW of new offshore wind farms to be built in the coming years, WindEurope said. For comparison, EUR 6.1 billion was invested in four offshore wind projects in 2019. This represents an increase of over 330 per cent […]

  • How to Commercialise Floating Offshore Wind?

    17 October 2018

    By Jon Harman, Head of Renewable Energy and Portfolio Director, New Energy Update Floating offshore wind may still be in the demonstration phase, but the success of early pilot schemes and the plunging prices of fixed foundation machines mean investors are already eyeing the vast new markets the technology will open. According to the latest […]

  • Nine US Floating Wind Foundation Projects Win USD 1.6 Million from Department of Energy

    30 March 2023
    Authorities, Business & Finance, Innovation, Technology

    The US Department of Energy (DOE) has selected nine floating wind foundation projects in Phase One of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Each project will receive USD 100,000 in funding and USD 75,000 in vouchers for technical support provided by DOE national laboratories. Skip to: The winners of the first phase of the […]

  • Coos Bay’s Offshore Wind Farm to Exclusively Power LNG Plant?

    10 February 2014
    Authorities, Business & Finance, R&D, Technology, Wind Farm Update

    Principle Power’s WindFloat Pacific (WFP) floating wind project cleared its first major hurdle last week by getting approval from the US Bureau of Ocean Energy Management (BOEM), and by that automatically gained more attention from the public and media. One of the raised questions is the final use of the renewable energy produced by the […]

  • EDP, Principle Power Deploy Full-scale 2MW WindFloat (Portugal)

    30 November 2011

    Energias de Portugal (EDP) and Principle Power, Inc. (Principle Power) announce the successful offshore deployment of a full-scale 2-megawatt (MW) WindFloat off the coast of Agucadoura, Portugal. This installation represents the beginning of a new sector in the offshore wind industry and is the result of continued hard work by all WindPlus JV partners including: […]

  • Principle Power Completes 5-Year WindFloat Prototype Testing

    2 June 2016

    Principle Power has concluded the 5-year testing campaign of the WindFloat Prototype. Principle Power, along with its project partners EDP, Repsol, Portugal Ventures and A. Silva Matos, have installed the 2MW WindFloat Prototype (WF1) 5km offshore of Aguçadoura, Portugal, in October 2011. Principle Power and its project partners said they were pleased with the results of the testing […]

  • Portugal: Investors Inaugurate First Floating Wind Turbine

    17 June 2012
    Business & Finance, Wind Farm Update

    Principle Power, Energias de Portugal, Repsol, A. Silva Matos (ASM), Vestas Wind Systems A/S and InovCapital announced the inauguration of Portugal’s first offshore wind turbine on June 16th, 2012. The turbine is installed on an innovative floating foundation called the WindFloat. In addition to being the first offshore wind turbine in Portugal, this is the first offshore wind turbine to be […]

  • Deepwater to Develop Floating Wind Farm

    8 May 2014
    Business & Finance

    Deepwater Wind revealed plans to develop the West Coast’s first-ever offshore wind farm – a project poised to become the world’s first commercial project to use cutting-edge floating foundation technology. Deepwater Wind entered into an agreement several months ago with Principle Power to complete the development of the 30-megawatt (MW) WindFloat Pacific project, using Principle Power’s groundbreaking WindFloat […]

  • Principle Power’s Alexia Aubault Wins Offshore Energy Young Engineer Award

    24 October 2016
    Business & Finance, R&D, Technology

    Alexia Aubault, an Engineering Manager at Principle Power, has won the inaugural Offshore Energy Young Engineer Award for her work on the WindFloat 1 floating wind turbine platform prototype project offshore Portugal. Aubault was presented with the award during the first Offshore Energy Opening Gala Dinner held on Monday, 24 October, at Beurs van Berlage in Amsterdam, ahead […]

  • USA: BOEM to Determine Interest in West Coast Offshore Wind Development

    30 September 2013
    Authorities

    As part of President Obama’s Climate Action Plan to create American jobs, cut carbon pollution, and develop domestic energy sources, the Bureau of Ocean Energy Management (BOEM) issued a request to determine whether there is competitive interest in leasing an area offshore Oregon that Principle Power, Inc. has proposed for a pilot-scale floating wind energy […]

  • Vestas Signs Deal for Floating Wind Turbines (Denmark)

    18 February 2011
    Business & Finance

    Vestas, the global leader in wind technology, has signed an agreement with WindPlus for the deployment of the first offshore project worldwide integrating a wind turbine with a full-scale semi-submersible floating structure. This is the first time this floating platform technology is being used. WindPlus is a joint venture company led by the EDP Group […]

  • Spain: Repsol Eyes Renewable Energy Sources

    24 July 2012

    Repsol is no stranger to offshore activity, having operated in the most demanding of environments for the exploration and production of oil and gas. However one of the challenges for Repsol as an energy company has been to increase its knowledge and experience by investing further in the research and development of renewable energy sources. […]

  • BOURBON Installs Semi-submersible Wind Turbine Offshore Portugal

    2 December 2011

    Capitalizing on its experience and leadership in offshore oil and gas marine services, BOURBON continues to extend its range of services and strengthen its positions in the offshore wind industry. BOURBON has just installed an innovative offshore wind structure in the Atlantic. In perfect conditions off the coast of Portugal at Aguçadoura, BOURBON has installed […]

  • Portuguese Company Ramping Up for Offshore Wind

    20 April 2017
    Business & Finance

    Portugal-based ASM Industries is reportedly planning on increasing its involvement in the offshore wind sector and has chosen the port of Aveiro as a location for its new EUR 25 million plant that would accommodate the production of foundations.

  • World’s Largest Floating Offshore Wind Farm Fully Operational

    19 October 2021
    Technology, Wind Farm Update

    The 50 MW Kincardine floating offshore wind farm is now fully operational, Kincardine Offshore Windfarm Ltd. (KOWL) said. Located 15 kilometres off the coast of Aberdeenshire, Scotland, in water depths ranging from 60 metres to 80 metres, Kincardine is the largest operating floating wind farm. The project consists of five Vestas V164-9.5 MW and one […]

  • Icebreaker and Aqua Ventus I Join the Big League

    30 May 2016
    Authorities, Business & Finance, R&D, Wind Farm Update

    The US Department of Energy (DOE) will re-allocate around USD 80 million in funding, initially intended for projects off Oregon and Virginia, to support Lake Erie Energy Development Corporation’s (LEEDCo’s) 27MW Icebreaker and the University of Maine’s 12MW New England Aqua Ventus I which ”have demonstrated significant progress toward being successfully completed and producing power.” The US Department of Energy has decided to […]

  • CS Wind Takes Full Ownership of ASM Industries

    24 February 2022
    Business & Finance

    South Korea’s CS Wind has acquired the remaining 40 per cent stake in the Portuguese wind turbine tower manufacturer, ASM Industries, from WAM Investments. This transaction follows the sale of the 60 per cent stake in ASM by WAM to CS Wind in July 2021. WAM said the two partners concluded that the most advantageous […]

  • ASM Industries Confirms Offshore Wind Plans

    14 June 2017
    Business & Finance

    Following media reports from April saying ASM Industries (ASMI) had been planning to boost its involvement in the offshore wind sector and had pinpointed the port of Aveiro as a location for its new plant, the Portuguese company confirmed to Offshore WIND that it had decided to invest in the new facility, specialised in bigger products – mostly for offshore application.

  • Greeks Studying Floating Offshore Wind Potential

    4 March 2020
    Business & Finance

    Chalkis Shipyards and a number of Greek institutions are collaborating on a project seeking to study the potential of floating offshore wind in the Greek Seas. The WIndfloat.gr – Innovative Design of Floating Wind Plants for the Greek Seas project seeks to exploit the wind potential of the Greek Seas with the aim of boosting […]

  • Floating wind turbines: A promising start

    11 October 2012

    The bulk of the current plans for European offshore wind power are intended for construction in the relatively shallow North Sea. However, many European countries, including Portugal, do not border shallow seas. Their sea beds have steep descending slopes and much greater water depths not suited for current techniques. If a viable technique can be […]

  • BOEM Prepares Environmental Assessment of Oregon’s Offshore Wind Project

    29 May 2014
    Authorities, Environment, R&D, Wind Farm Update

    As part of the Obama Administration’s Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, the Bureau of Ocean Energy Management (BOEM) is seeking public comment as it prepares an Environmental Assessment (EA) to analyze potential impacts of a proposed wind energy demonstration project off the coast of […]

  • US Plans to Auction 3 GW Offshore Oregon, Pinpoints Three Areas

    25 February 2022
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has identified three Call Areas in the Pacific Ocean offshore Oregon for wind energy development, which have a total installed capacity potential of 17 GW. The agency is now embarking on narrowing down these pieces of federal waters into Wind Energy Areas (WEAs) which could support 3 […]